In terms of each individual move by Tottenham, this was a successful transfer window for the club.
The signing of Holtby could be historic, the swoop for Fryers could be awesome and the loan of Andros Townsend could benefit Spurs greatly in the long run. Perhaps things could have been handled slightly better with Gomes or Jenas, but those mistakes will not be killers.
However, the story might just be in what the club didn't do in the transfer window.
After seemingly putting all of their eggs in one basket, i.e. a transfer for Internacional striker Leandro Damiao, Spurs ended up signing no striker in the window.
With the club struggling upfront and really lacking depth, an addition at the position seemed necessary. Without that addition, it seems like Spurs are gambling with a decision that could prove vital in the race for the Champions League.
The recall of Harry Kane from Norwich City does provide a bit of relief, but the 19-year-old doesn't come with the experience that one would have hoped.
With the race for fourth already so close, Tottenham will have to hope that the inability to bring a new striker in doesn't prove lethal in pursuit of their season goals.
Perhaps their final grade will be adjusted in time with the level of their success over the next few months, but for now, Spurs' grade suffers a bit from their inability to sign a striker.